Creating a Plan

10 Business Plan Tips Too Many Entrepreneurs Forget

If you want people to invest in your idea, then my best advice is first write a business plan, and keep it simple. Don’t confuse your business plan with a doctoral thesis or the back…

Here’s How NOT to Define Your Competition

We investors see this all the time. An entrepreneur pitches using a deck with no slide for competition. When asked (as we always do) the response is, “This is new. We have no competition.” Niet!…

3 Business Plan Critical Factors

What matters most for a business plan? When somebody asked on Quora what are the critical factors of a business plan, I came up with these three business plan critical factors: Does it achieve its business…

How to Launch a Warehouse Management Business

The success of shared office spaces in recent years has spawned similar business models in other industries, as well. There are a number of businesses today offering shared spaces for stylists, attorneys and accountants, just…

A Beautiful Mind: How New Psychiatrists Can Develop a Successful Practice

The moment you got your M.D. degree in Psychiatry, you probably made a promise to yourself to give every person who walks into your office the best care possible. As a doctor for mental health,…

How to Find a Small Business for Sale

For business-savvy individuals who are tired of working for someone else, buying a small business can represent an opportunity to achieve freedom and financial independence. But before you can own a business, you have to…

5 Keys to Starting a New Venture in Your Local Town

From the advice I hear these days, if you want to be a successful entrepreneur, you need to be in Silicon Valley, Boston, New York, or one of the few other financial hubs around the…

Why You Should Invest in a Hotel in 2019

The hotel industry can be a profitable business venture even for first-time investors! They can be a particularly attractive proposition in some specific market segments, like boutique hotels. If one of your goals for the…

Is Your Startup Gearing Up for Success or Failure?

You’d be surprised how many new business owners make simple mistakes when they’re trying to get their startup off the ground. Launching your own venture can be a stressful time—and while many still fail, you…

The Average Startup Overnight Success Takes Six Years

Every startup founder knows implicitly that startup success is a long hard road. Yet we always dream that we are the exception to the rule. So once in a while it’s good to look at…

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